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The corporate objective

book
posted on 2011-01-01, 00:00 authored by Andrew Keay
The Corporate Objective addresses a question that has been subject to much debate: what should be the objective of public corporations? It examines the two dominant theories that address this issue, the shareholder primacy and stakeholder theories, and finds that both have serious shortcomings.

'This is legal scholarship of the finest kind, concerned with an issue of supreme political, economic and social importance. Professor Keay takes the debate on the object of the modern public corporation by the scruff of its neck and skilfully navigates between the Scylla and Charybdis of the shareholder/stakeholder debate. This book, characterised by admirable analytical clarity and a huge amount of research, faithfully summarises the debate hitherto, and propels us to the next stage with a powerful argument, which challenges, effectively, both the stakeholder and shareholder theories.' - Harry Rajak, University of Sussex School of Law, UK.

History

Publisher

Edward Elgar Publishing

Place of publication

Cheltenham, Eng.

ISBN-13

9781848447714

Language

eng

Publication classification

A1.1 Books - authored - research; A Book

Copyright notice

2011, Andrew Keay

Number of chapters

9

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